Deal announced Feb 2003 · Redmond, Washington, USA Verified
Novar plc to acquire Alerton Technologies
UK-based Novar plc announced it is acquiring the assets of building-automation maker Alerton Technologies, which will become a wholly owned subsidiary of Novar Controls Corp.
“Novar plc of the United Kingdom announced that it is acquiring the assets of Alerton Technologies Inc., Redmond, Wash. Alerton is a leading designer and manufacturer of building automation and control systems for HVAC applications. The transaction is to be completed on March 3, 2003.”
Entities
Alerton Technologies Inc. · Target Novar Controls Corp. · Parent Novar plc · Acquirer
HVAC
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.